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July remittances up 6% to $2.1B

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Filipinos abroad sent home $2.063 billion in July—the biggest amount of remittances on a monthly basis so far this year.

Posted: September 16th, 2014 in Headlines | Read More »

Forex reserves rise to $80.78B

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INQUIRER FILE PHOTO

The country’s dollar reserves rose to their highest level since December as financial markets continued to stabilize, giving the economy a more comfortable cushion from external shocks.

Posted: September 6th, 2014 in Headlines,Latest Business Stories | Read More »

Remittances up 5.9% in June

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AFP FILE PHOTO

Growth in cash from migrant workers continued its streak, rising in June to its highest level since last December as Filipino labor remained in demand overseas.

Posted: August 16th, 2014 in Editor's Pick,Headlines,Latest Business Stories | Read More »

No cost for alarm

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The peso exchange rate against the dollar jumped up and down wildly in the last few days like an electrocuted frog, owing perhaps—or at least according to “experts” in the financial markets—to some political tension abroad.

Posted: August 14th, 2014 in Columnists,Inquirer Columns | Read More »

Rise in remittances expected to slow down

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American bank JP Morgan Chase expects the rate of rise of the money sent home by overseas workers—a key driver of economic growth—to slow down to 5.2 percent this year.

Posted: July 18th, 2014 in Editor's Pick,Headlines | Read More »

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